Top 50+ Solved PROFIT AND LOSS MCQ Questions Answer
Q. A trader purchases several articles at the rate of 13 for Rs. 10 and sells them at the rate of 10for Rs. 13. What is his gain/loss?
a. 69 % gain
b. 56.25 % gain
c. 56.25 % loss
d. 25 % loss
Q. By purchasing an article at 20 % discount on the original price and then selling it at a price of25% above the original price, a trader earns Rs. 200 as the profit. What was the original price ofthe article?
a. rs. 444.44
b. rs. 255.50
c. rs. 100.10
d. rs. 810
Q. A boy incurs 5% loss by selling a book for Rs. 1000. At what price should the book be soldto earn 5 % profit?
a. rs. 1105.26
b. rs. 1251.50
c. rs. 1085.13
d. rs. 1885.13
Q. Find the resultant profit if A sells a cupboard at a profit of 6% to B and B sells the same to Cat a profit of 9%.
a. 15%
b. 16%
c. 14.5%
d. 15.54%
Q. If Harsh sold a match ticket for Rs.340 at a profit of 25%, at what price did he purchased theticket?
a. 280
b. 255
c. 300
d. 272
Q. Eleven bags are bought for Rs.1000 and sold at 10 for Rs.1100. What is the gain or loss inpercentage?
a. 10%
b. 21%
c. 25%
d. 20%
Q. If selling price of 12 pens is equal to the cost price of 18 pens, find the profit percent.
a. 40%
b. 33.3%
c. 50%
d. 25%